---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-042270"
form_type: "8-K"
ticker: "FOXO"
cik: "0001812360"
company_name: "FOXO TECHNOLOGIES INC."
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:08:46.283542+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FOXO files Series A Preferred Stock designation; Illumina judgment and PIK note lawsuits disclosed

## Summary
- Authorized 35,000 shares of Series A Preferred Stock at $1,000 stated value, 5% cumulative dividend, convertible into common, voting limited to 19.99% until NYSE American approval.
- Illumina, Inc. won $821,670 judgment; FOXO in discussions to settle via equity exchange.
- Senior PIK noteholders filed two lawsuits for $378,625 and $757,250; amendment exchanges $4.7M notes into Series B Preferred Stock.
- Series B Preferred Stock has one vote per share, no conversion for one year; exchange subject to stockholder approval and expected to settle lawsuits.

## SEC filing metadata
- accession: 0001493152-24-042270
- form_type: 8-K
- ticker: FOXO
- cik: 0001812360
- company_name: FOXO TECHNOLOGIES INC.
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812360/000149315224042270/0001493152-24-042270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812360/000149315224042270/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-042270
- JSON: https://secwatch.observer/filing/0001493152-24-042270.json
- Plain text: https://secwatch.observer/filing/0001493152-24-042270.txt

## Key facts
- Governance Changes
  FOXO TECHNOLOGIES INC.: Filed a Certificate of Designation establishing Series A Cumulative Convertible Redeemable Preferred Stock, authorizing up to 35,000 shares with specified rights, preferences, and limitations (effective 2024-10-18).
  - Change: charter amendment
  - Effective: 2024-10-18
  source text: On October 18, 2024, FOXO Technologies Inc., a Delaware corporation (the “ Company ”), filed an amendment to the Company’s Certificate of Incorporation (the “ Certificate of Incorporation ”), in the form of a Certificate of Designation (the “ Designation ”) that authorized for issuance of up to 35,000 shares of a new series of Preferred Stock, par value $0.0001 per share, of the Company designated “Series A Cumulative Convertible Redeemable Preferred Stock” (the “ Series A Preferred Stock ”) and established the rights, preferences and limitations thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812360/000149315224042270/0001493152-24-042270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.